Reglstered number: 07007505 Charity number: 1133252 GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A company Ilmltsd by guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
GRANSDEN AND tXSTRICT AGRICULTURAL SOCIETY {A ¢ompany limited by guarants•l CONTENTS Page Reforence and admlnl8lraUv0 d•tall¥ of the charlty. Its Trust •nd adviurn Truthes. report Indgp•ndent •x•mln•rfs rnport Stat•mont of fln•n¢lal actlvltles 8•lanc• shoot NotM to th• fln•n¢l*l statoments 9-18
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limited by guarant••) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR TIIE YEAR ENDED 31 DECEMBER 2023 Trusteg A J Ashcroft Mrs C Hall M G Capps NJSKiddy Mr8 J M Lenton. Vice Chair Mi8s D R H811 G N S Kiddy. Chair J S Bufge88 Mr8 P J Sharp C A J8nning8 A R Jenning& E Wealhethead Comp•ny r•gl8t•r•d numb•T 07007505 Charlty ro918tered nurnr 1133252 R•9l•tsr•d offic• 20 Whlslon Way St Neo18 C8mb8 PE198AU Compny 8ocr•tary Mr6 C L Kane Accountanl¥ Streets Whrtmarsh Slerf8nd LLP Potton Hou$e Wyb081on Lak88 Gre81 North Road Vvyboston Bedford MK44 3BZ B•nk•r8 Barcla 8ank Leice6ter L¢i¢8 LE87 2BB Cambridge and Counties Bank Charnw¢)od Court New Walk Leicester LE16TE Pag8 1
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY {A company Ilmlted by gu•rante&l TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present Ihelr annual report together with the financial 8tstemenl¥ of the charty for th8 year 1 Jsnuary 2023 to 31 December 2023. The Annual ffjport serves the purpos of both a Trustees, oport and directors, report under company law. Thg Trustees confirm that the Annual report and financial statements of the charitable company comply with the cufrenl stalulory requirements, thg roquifemenls of the charitabl¢ companys governing document and the provisions of thg Slalement of Recommended Practic8 ISORPI applicable to charities preparing their xcounls in cordanCe with the Financial Rop¢¥ting Standard applicable in the UK and R¢publi¢ of Irèland IFRS1021 leffectNe 1 January 2019). Since the charity qualifi88 as small under sedlon 382 of the Comp8nies Act 2006. tho Strategic report required of m8dium and large companies undor tho Companies Act 2006 (strateg Report and Directors, Report) Regulation8 2013 haB bggn omitted. Objectlves and actlvltle• . Pollclo8 and obJo¢tfvoS The ¢h8rtys objectlve Is the advancement ol 8grfculture and horticulture for the public ban. In setting objectW88 and planning for aclNilie8, the Tru8lees have given due considoration to general guidance published by the Charity Commi88ion relang to public benefit. including the guldance 'Public benafrt.. running a charity IP821'. b. A¢tlvStl•s undertaken to achl•v• obJ•¢tl The objectives have, once again, been achlgved by holdlng the sociell8 annu818h¢)w at Great Gran8den, maintaining the traditional community event of prevlous years and allracling peoplg of all ages, from all walks of life. Th6 community benehts Irom the opportunity to prowde $8rvicos lo the 8how with the committeè u$ing local trade where possible. The show includ68 a variety of ¢omp8lilions, exhibitions. displays, and trade 6tand5, 10 involve and educate local 8choDl8, community groups and familie8. For the local agricuhural and horticultural community, tha Sh¢ 1$ on opportunty lo come together to exchange idéa$ and knowledge, make new acquaintances and renew old ones. There Is strong 8en88 of Gommunity within the show which 18 well regardèd by many. Local schools •ro t11ble lo appty for grants to enhance the pupi15' uThJorstsnding of agriculture and horticulture. AppliGalion5 were recelved from 8chw18 during the year. Prevlou8 grants have bèen used lo dgvglop gardening, famiing and outdoor activlties and to 8UPPOrt trips for educational. agricultural or hortVIll1ral purpo808. c. hlaln actlvltles undertakon to fvrth•r the charlty'• purpos•s for th• publi¢ bgnofit Thé charity seeks to provide an annual Show in the viliage ol Great Gran8den, 88 one of Ihe few even15 of its typ8 still run on a rggular basis in the UK. The committee who organi5e th8 details ol the show Iwhich involves trustees and other intlNidualsl seek to provide a range of demonstrations and activf(ies whh provide somglhing of interest for everyone while maintsining an agricultural flavour. The 8h¢)w day a180 provides an opportunity for vi8f(ors to gel close lo a range of farm animals. The charity is dependent on income received from visrtors and businesses attending the show, as well as other sponsorship and advertising revenue. When surplus funds are available, the trustees make donations to other charities and communty groups. Page 2
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA CoMnY limlted by guarantsel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Oblecthi89 and act1v1t1 {contlnued) In 2023, donallons were given lo the followlng ¢harltles and other organisation8 includlng RA81, Mothers Union. Ladles in Pigs. British Pig Association, Bowls Club, Cambouma D8lachm8nl, Country Trust and Roundabout Magazing. The trustees consider that the range of artivilie3 provided and donations made to other organlsations enable the charty lo frJlfil its requirement to operate for the public benefit. in a¢¢ordance with the Chanty Commission guKlanc8. Achlovement• and perfomianco a. Main a¢hl•v•m•nts of th• charlty The society8 members commlttee and dlra¢tor8 8ub coffmittee meet several tlmes during the ye8f lo plan Gran8d8n Dlstrlct Agrlcultural Society'8 gnnual show. The Gharills onlino booking $y$lem recorded 4,335 tickets being sokl on the day, plu8 around 2.5CQ sold in advance. If members, judges and exhibitors are al80 included, il 18 eslimaled that over 7,500 peoplo vl8ked the show. The 8how In¢lUd many of the u8U81 comp8tlllon8 lor 6ho8p, cattle, poultry #nd hor606 and welcomed di8playB of rare breed animals, flowgr8, country CTaft8 and vintagè vehlcles around the showground. The show continue8 to be well publicised in the local community. as well as using the chanty'8 website and Facebook p8ge8. The 8ucce88 of the 2023 Show enabled tha charity to give a total of £6,075 to other orggnl$8tlon812022 £5,000). Flnanclal revlow a. Golng con¢orn The charrty generated not In¢om8 of £16.370 in the year {2022 surplug of £2,733}. After maklng appropriate enquiries, the Trustee8 have a rea80n8ble eXlatIOn th81 the charfly ha8 adequate re8ourcg8 to continue in operational existence for the fore8eeable fvturo. For Ihls re8son. they conllnue to adopt the going concem basis in preparing the flnanc181 slalement8. Further details regarding th• 8d¢)Ptlon of the going concem ba818 can be found in the accounting poliGies. b. R•8oN•s poIIcy The Iruslees arg mindlul that the c03ts of holdlng the each year continue to rise and that a great deal of tlme is provided free of charge by volunteers, partlcularly in th8 weeks leading up lo the day of the show. It has been the charity's policy to maintain reserves sufficient to support at least a full years expenditure as (( would not be unkn¢)wn for tha show to hava lo be cancelled the day before, 5ti11 incurrin9 the majonty of costs bul without any income. Th8 trustees Gon5ider that th¢ main risk factors which may causo the show to be cancelled are diseases and poor weather, neither of which can bg Controlled by the charity. Page 3
GRANSDEN AND D18TRICT AGRICULTURAL SOCIETY IA company limitad by guarantsel TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees eslimele the total annual costs to be In the reglon of £110,000 per annL¢m and 8eek to hold general reserves of al lea8t this amount. The charity's actual level of r88eNes continues to be much higher than the minimum resgtvos policy largety due to a number of $u¢c¢ssful years. where attendance at the show has brought in more than enough income to cover co$t$. Howgver, as the show is held out of d¢Jors, h 1$ dependent on good weather 8nd the eommttment of mgmbers and Iruslees, so levels of incomg cannot be relied upon for future years. Consequenlty, the trustees need lo malnlain sufficient reserves to cover any potential shortfall in the future. The Iruslee8 have continued lo actively promote the grant schemes availablè lo Indlviduals and schools and have increa$8d the donations made lo other organisation3 In 2023. They continue to monitor the level of accumulated reserves going foTh¥ard to en8uro that the charitys funds are u8ed to further th¢ Qharltable obieclives. Structur09 gov•rnan¢g •nd managomont . Con•titutlon Gran8den and District Agrkultural Society 58 registered as a charllabls ¢omp8ny Ilmlted by guarantee and was 8et up by 8 Memorandum of Association. b. Methods of appolntment or electlon of Tru8to•• The managoment of the company 1$ thg re8pon8ibilily of the trusle68ldireclorB. The 8ppointment of tru81ee91directorB is in accordance with the Memorandum and Arti¢lo$ of Association. Tho directors may appolnt mld-lèrm, by resolution, a person who 18 willing lo act lo be a diroctor bul this person must then retire at the ne> AGM and cannot be u8ed lo delemiine the onè third of directors being reqUId lo retire by rotation annually. Electlon 81 the AGM 18 by member8 majorty. c. Orginiiatbonal structurn •nd declslon4naklng pollcl•• The board of Irusteeslcommlttee meet Tegulady to prepare for th• annual Show. The company consists ol board of directors and, in addition to thi8 board, Ihare are lurther committee memberB. Thg moin deGi$ion making 18 via the directors wrth a limited amount of delegation lo the Secretary for evary doy operation in consultatlon with the Chairman. The committee members specialise in Specific area8 of Ihe sh¢)w and give advi¢0 lo the directors on pr(Kedur81 issues relating to their areas. d. Flnanclal rl8k management The Trustees have as88S8ed the major ri$k5 to which the charlty 18 èxpos$d, in p8rti¢ular those related to the operations and finances of tho charity, and are Satisfied that Systems and procedures are in pLqce lo mitig81e exposure to tho major risks. •. Trustso8' Indemnltl68 In accordance with nomal cornmercial Practice, the charity has purchased indemnity insurance to protect the Irusteesldirectors from claim$ arising against them while acting on behalf the charity. The level of cover for dlrectors and officers is £5.OW,000 and corporate cover is £2.500,000. Page 4
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY {A company limit•d by guarant8è1 TRUSTEES. REPORT ICONllNUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Plans for future perlods The next show is planned to take place on Saturday 28 September 2024 and infomalion for visitors, competitors and exhibitors is being madè available on the charity6 websi(e.' gransdenshow.org.uk as and when it is availablè. 8tatgmgnt of Trusle88' r08POn81bllltlo8 The Trustees (who are also th8 directors of the charlty for the purposes of company lawl are re8ponsSble for preparing th8 Trustees. report and Ihe financial 8tatèmenls In aecordanca with appllcable law and Unitsd Kingdom Accounting Standard$ (United n9dlyrt Generalty Accepted A¢¢ounting Praclth). Company law requlres the Tru8tee8 lo prepare financial Statemnts for each financial . Under company law, the Tru6tees must not approve the financial 8tstemenl8 unl688 they 8re satisfied that they glve a true 8nd falr view ol the 818t8 of affaiT8 of tho charty and of ils incoming resources and application of re80urces, including ils in¢omo and expendiluro, for that per#)d. In preparing thèse linancial 8tatemenl8, the Tru8tè88 are requlred lo.. 8ele¢t 8Urtable accountlng policle8 and then apply them consistenlty., observe the methods and principle8 of the Charities SORP IFRS 1021.. make judgments and accounting estimates that are reasonable and prudent,. state whether applicable UK Accountlng Slandard8 {FRS 102) have been follow¢d. 8ubje¢t lo any material departures disclosed and explalned In tho flnanclol slalements; prepare th8 financi81 slatemonl$ on the going concern basis unles$ il is inappropriate to pre$ume that Ihg chanty wlll continue in bu8ine8S. The Tru8tee8 are respon8ible for keeping adaquate ac¢ountlng record8 th81 arè 8uffkl8nl lo 8how and explaln the ¢har'f(y'8 transactions and dlsclo8e with reasonable accuracy 818ny time th8 financial posillon of th8 chadty and enable them lo ensure that Ihe financial ststemènl8 comply with the Companies Act 2006. They are also iespansib18 for safeguarding the ass8t6 of the charity and hence for taking reasonable steps for the prevents'on and detection of fraud and other irregularities. Approved by order of the members of the board of TnJslee8 and Signed on their behaw by.. . Noog GNSKlddy Chair of trustees Date.. 25 Mar¢h 2024 Page 5
GRAN8DEN ANO U8Trtcr A¢3RICULTURAL SQCIETY IAwnp•ny Hmlted by quv•nl••l INDEPEMDENT EXAIIINER% REPORT FOR niE YEAR EIIOED 31 DEceM8ER 2023 Indopwd•nt gx•n4na¢• r•port to th• Trullle•J olGfaffithl•ft and Agrlcutyr•l Sodety Ilho charlty'l l Teport to Tru$l•v4 on my ol of th• ch4rtty lor tho year erKl•d 31 2023. R••pon•IblllU and bmls ol wrt th• rnjste ol th• ahJdty Iwo Rs dSroc&ryrn lor Iho Purpo ol mp•nY •r• ruponsible lor lh• wepDrnl( ollh• I(UnIty In •ccord8nEe the rewtrenwrti cllhe c kl20l(,lh• 2006 W. Having sg11th my••if that the gccounts d Ik• ¢harfty are f1 r4quired lo bè audit¢d under Port 16 Dflhè 200S Acl èliJrfoL9 for Independ•nl 6MInalk)n, l rnport In respecl of fny oM8mln#llon ol Ihg chanvs attounts ¢•rrted ¢t undor 14S af Ihe ChaiilSc8 Acl 2011 I'lhe 2011 A¢l'l. In cbrrying Out my •xomln•llon I hava folrx¢tt the Dlr•Lknn¥ 9ft byth• Char¥ COMI0 under 1451Sllbl oflho 2011 Art Ind•p•nd•nt•xafflln•f• •l•t•Th I hav8 complol•d my •x#mkwtFon. l ¢onfjrni thal no m#tt•rn como to my #ttonlton In clTradI wfth lh•
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eountiThJ k¥0 In r•ipeeloTth• ¢hwllya• rnqutr•d by Mction 386 IOM A(. or lh• do not fj¢rd With thos• rnci¥th', or Ihe gCfg)unls do 1 comply wlh th• acwjnung roquiTemonl8 of si¢UM 396 rf th• 2C¥)5 Art oth•r imn ttny roquwmenl thDt th• 8c¢ounts &iv4 u 'tsue and lalrf vl•w whh 1$ rboi • fflltter conslderBd 8• part ol on IndeFéndenl 4X4mlnqlbn', oi Ihe accounts hove betrn prepBTed •ccorfanc8 YAlh the methods and pdn¢lplo1 01 the Slatemenl Recomm9nded Pr8dlG• for ac¢ountiThg •nd rnporting by ¢h¥titrps lapplcabl• to charfti•B PmPBring Ihe a¢XOUnts In oc¢ord?nc• Ihg Fln•nclil R•poib"ng Stsnd#td app10ble h) the UK BnLI Republlc al Ireland IFRS 10211. I ha¥• fio ¢on¢•m• Ind havg Con •crv•• no olh•r mall•r4 kn E4nn•ctkin Mlh tho tx•rnlpdon to fftli altenlion shovhy b8 dr•wn In thls r•wrt in ordfjr io •n•bh a pwr undersl•rbdlna ol lh• K¢Olts to b• rtachqd. T11 iw)oil l¥ lo the Truit••i. 46 • l>udy, In 4c¢ordan¢8 Part 4 01 Ihe Char¢l•8 IAEcount8 8nd R•ports) R9gllIOn8 2008. My wort( httts bvn undarfoken so that I rnh1 gto10 lo chBnty• TNsle85 Ih05e metteri l 8m rg9uired to Btalg lo Ihn Sn an lftdependenl oyamlnerfs r•pod and foi no oth•1 purpoi•. To Ihe fvll•st extsnt permrtled ty law, I tyo nol wl CK assur7 rEbT1 ty to an)• Olher Ih Ihe charity and Charit1 Trus1?e5 as 8 body. lur my QT f¢f Ihls repotl Sluned: Lhida J Lord BS¢ BFP FCA TEP Str••ts Whithwrntt Slortand LLP Pott House, Wybolton L4k•*. Great North Rt)ad. •1¢. 88d10. IAK44 3BZ P•g•6
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A company limitad by guarantee STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOfvIE AND EXPENDITURE Accoufrrr} FOR THE YEAR ENDED 31 DECEMBER 2023 Unre¥trlcte lunds 2023 Totsl funds 2023 Total funds 2022 Not• Income from: CharStsbl¢ a¢tknli88 Investments 136,167 2,684 136.167 2,684 118,648 1.624 Total In¢om• 138,861 138.861 120,272 Expgndlturo on: Charllable aclMtle8 122A81 122.481 117,539 Totsl oxp•ndltur• 122A81 122.481 117,539 Ngt movomont In fvnds 18.370 16,370 2, 733 R•Gonclll•tlon of fvnds: Tol81 fund8 brought forward Nel movement Sn funds 188,037 16,370 188,037 18,370 185.304 2, 733 Total funds Garrl•d fornard 204,407 204.407 188.037 The Statement of financial activities includes all galns and10s8es recogni8ed in tha y•8r. The notes on pag?8 910 18 lo part of these finandal otatements. Pagg 7
GRANSDEN ANO DISTRICT AGRICULTUPAL SOCIETY IA company limited by guarantee) REGISTERED NUMBER: 07007605 BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note Flxed as80ts Current a880ts Debtors Inv08tments C88h at bank and In hand 10 11 1,517 86,518 127.321 1,548 92,119 98,578 215,354 192,245 Crodltors.. amunl8 falling due within c y•8r 12 110.9471 (4,208) Net currfrnt aM•ts 204M07 188,037 Totsl net a•s•ts 204h07 188,Q37 Ch•rfty fund8 Unre81ricled funds 13 204M07 188,037 Total fund$ 204.407 188,937 The ¢h8rty was entitled lo gxemplion from audit urar Section 477 of the Companies Act 2006. The members have not requSred the company to obtain an audit for the ygor In quoslb)n in accordance with section 476 of Companies Aet 2006. The Trustee8 xkn¢)wledge their responsibilities for complying with the requlrements of tha AGI with rgBpecl to accounting records and prep8r81ion of fi'nancial 3laternenls. The flnanclal $latem¢nts h8Vo been prepared in accordance with the provisions applicable lo entitles subject to th• small ¢omp8nlo$ r•glm•. The financial 8lalements were approvod and authoiised for issue by the Trustees and signed on their behalf by.. GNSKlddy Chair of tNstees Dale.. 25 March 2024 The nates on pages 9 10 18 fomi part of these ffinancial statements. Page 8
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY {A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Goneral informatlon As set out In the Iruslees. report, Gr8nsden and District Agricultural Society 1$ on incorporated charity registered in England and Wale8. Th8 addre88 of their registered office is 20 Whi8ton Way, Sl N8018. Camb8 PE19 6AU. The finaKial statements are prepared in 8tedlng. whlch is the functional currency of the enlily. The chanW8 obl•¢ts are $tst8d In th• Irust¢¢$' repo Accountlng pollcles 2.1 Ba8h of proparatlon of flnanclal $t•tsm•nts The fln8ncial statements have been prepared in accordance wrth the Chaflties SORP IFRS 1021- Accounting and Reporting by Charitle8.' Statement of Recommended Practice applicable lo charitl88 preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffective 1 January 20151, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Gr8nsden and District Agrfeullurol Society meets the dafinitlon of 8 public beneffil antlty undar FRS 102. Assets and lbIlitIeS are initially recognised al historical cost or transaction value unle8S othen¥i88 Stated in the relevant accounting policy. 2.2 Fund 4c¢ountlng GMeral funds aro unr061ricled fund6 which are available for at the discretn of the Tru81888 in furtherance of the general obl8ctlves of tho charity and which have not been d881gn8led for other purpose8. 13 Income All incom¢ 1$ recognisèd once the ch8rriy has entitlemanl lo the income, il is probablg that the income will be received and the amount Of income receivable can be measured relSably. 14 Expondituro Expenditure Is recognised once there 18 a legal or conslruclive obllgalion lo transfer econcmlc bènefit lo a third party. rt is probable that a transfer of economlc benefits will bè required in 8ettlgmenl and the amount of the obligation can be measured reliably. All exp8ndtturo bs a¢¢ountèd for on an accru8f8 basi$. All expenses. including 8UPPOrt ¢08t8 and sts relating to the goveman¢e of the charty, are includgd in charitable aGtivitlg5. Grants payable are charged In the year when the offer18 made except In Ihoge ca8e8 where the offer is ¢onditional, $u¢h grant$ being re¢ognlsed as expenditure when the ¢onditlon$ attachlng are fulfilled. Grants offered subject lo conditions which have not been mel at the year end are noted as a commitment. but not accrued as expenditure. All oxpgnditure is in¢lu5ive of irrocoverablg VAT. Pa98 9
GRANSDEN AND OISTRICT AGRICULTURAL SOCIErY IA company Ilmlted by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles Icontlnu•d) 2.5 Interost receivable Inlere8t on fund8 hebj on deposh 18 included when receivable and the amount can ba mea8ur8d reliably by the charity,. this is normally upon r1allOn of the interest pwd of payable by the instrtution with whom the funds are deposrted. 2.6 Debtors Trade and Other debtor8 are recognised at the settlement amount after any trade discount offered. PrepaymantB are valued at the amount prepald net of any Irado dIOunt8 due. 2.7 Ca•h at bank and In hand Cash al bank and in hand include8 cash and short4•rm hlghly liquid inve8lment8 wfth 8 Short matunty of three month8 or le88 from the date of ecquisition or opening of the depo8rt or 8imilar 8ccounl. 2.8 LlabllltJM and provlslon• Liabilrtles are recogn18ed when there Is an obligallon at the Balanc8 sheet dale 88 8 r68uM of a past event, It is probable that a Iransfgr of Onomk benefll wlll bg requlred In 8ettlemgnt, and the amount of the settlement can be e611maled ielSabty. Liabilities are recogn18ed at the amount th81 the charity an11Pate5 It will pay10 8ettle the debt or the 8mount11 ha$ re¢8fv¢d 08 advan¢¢d paym¢nl8 for tho good8 or 8&rvi¢8811 must provldo. 2.9 Pen8lon• The charfly operate6 8 defined conlrlbullon pension Scheme and the pen81on charge repr88anl8 the amounts payabl? by the charity to the fund in respect of the year. Page 10
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limit by guarant•a) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Incom• from ¢haritsbl• activiti Unrestrlctod funds 2023 Totsl funds 2023 Tol&l funds 2022 Gate money Entron¢e leos Craft tent Trad8 sland8 SubriptIOns Donal¢ons Advertising Food hall 91,943 6,177 3,880 23.441 6,041 150 2.445 2,310 91,943 8,177 3.660 23,441 6,041 150 2,44S 2,310 81.995 4139 22,212 2,781 123 2,085 1.408 Total 2023 136,167 136.167 118,648 Inv•4tm•nt Incom• Unr••tri¢ttd funds 2023 Total fund8 2023 To181 funds 2022 Interest received 2,684 2,684 1,624 AD•ly$l$ of exp8ndltur• on ¢harltabl• actfvltl89 Summary by fund typa Unrestricted funds 2023 Totsl 2023 To181 2022 Gransden Show Grants 116,406 6,075 116.406 6.076 112,539 122.481 122,481 117.539 Page11
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA GompaDy Ilmiteil by guaranteeTr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Anatysl• of •xp•nditur• by a¢tiviti•s Actlvltle• undertaken dlrfjctly 2023 Grnnt fundlng •Gtlvltbgs 2023 Support ost¥ 2023 Total funds 2023 Total funds 2022 Gransden Show Grant• 115,260 1,146 116,408 6,075 112,539 6,075 115,260 6,075 1,148 122,481 117,539 To1812022 111,321 1.218 117,$39 Page 12
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Anatysls of oxpèndlture by actlvltSo1 Icontlnued) Analy$l$ of dlrnct Costs Tot•1 fund• 2023 Total funds 2022 staff co8ts Showground exp8n808 Prizes granted Catering cost8 Printing and 8tation8ry Postago AdvertiBing Telephone and intemet Reading room hlr• Sub$¢riptions Ml8cellaneous oxpen8e8 14,291 83,133 0,588 2,497 3.856 513 1,853 12,747 83, 197 5,054 2,058 3.783 598 T7 234 65 201 2, 707 190 347 2,714 115,260 111,321 Anatysls ol support costs Total lund• 2023 Tolal funds 2022 Accountancy fees and Independent examlnatlon 1.146 1.218 Page 13
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A MpaThy Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analy•18 of grants Grants and Donatlons 2023 Totsl funds 2023 To181 funds 2022 Grants paid 6,075 6,075 Tot812022 5,000 Unrestrlctod fund$ 2023 Total lunds 2023 Tot funds 2022 Other donatlo Cadets RABI Mothers Union Ladlo$ In Pigs Brit58h Plg Associallon Round8boul Magazine Gransden Bowls Club Bedfordshirg Young Farmers The Country Trust Matthew John Thomlon Hogs M(rther Goose Pre School Cambridgeshire Hunt 650 650 325 660 660 326 550 300 200 100 300 250 250 100 550 300 200 100 250 3,000 250 300 300 400 6.075 6.075 Page 14
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limit8d by guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 staff costs 2023 2022 Wages and salarie¥ Contribution lo defined contribution penslon 8chem&8 13.876 418 12,376 371 14,291 12,747 The average number of p8r8on8 employed by the charlty during the par was as foll¢)ws'. 2023 No. 2022 No. Event Managgr No empl¢)yee r¢¢eived remun8ratlon amounllng lo more thgn £60,000 in either year. The key managoment personnel ol the charity comprisa th• tN$t•o8 and tho Show SeGrgtary. None of the trustee8 rece8 any remuneration. The total amount of employ89 benefrt8 (including employer pension contrlbulbn$l re¢¢ived by key management personnel for their services to the charity was £14.29112022 £12,747). Tru•to01' romun•ratlon and oxpons During the year. no Trusteos received any remuneration or oth8r bgnefi18 {2022- £NIU. Durfng the year &nd•d 31 December 2023, eynses of £11 were relmbursed to one of the Tru8tee8, who paid for showground and other expen888 on behalf of the charlty. 10. Dobtor• 2023 2022 Due wlthln one year Prepayment$ and ¥xru¢d in¢¢)me 1.517 1,548 1,617 1,548 Pag8 15
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023 11. Curronl ass•1 Snv•stm•nts 2023 2022 Frxed tami bank dopo81ts 86,516 92,119 12. Crndltorn: Amounts falllng due wlthln on• year 2023 2022 Other creditor8 Accruals and defeed inwme 3,954 6.993 10,947 13. 8tatwnent of fund$ Stat•ment ollund•. current y•ar Balance at 31 00¢ombor 2023 Balanc8 at 1 January 2023 lThcom• Expondltur• Unro¥trktod funds General Fund 188,037 133,867 1117,487) 204,407 Goneral funds - Nel income generated from the annual Show is addgd to genoral re$¢No¥ and will bo used lo frjnd future activities in accordance with charitable objectives. Pagg 16
GRANSDEN AND DISTRICT AGRICULTURAL SOCIE {A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 13. Statement ol funds Icontlnued) Statement of funds- prlor yeaT 8818nce at 31 Decembef Balanc8 at l January 2022 Inwme Expendrfu 2022 Uniestrlcted fund8 General Fund 184304 120,272 (117,539) 188,037 14. Anatylh ol n•t a•••ts botw••n fund• An•tysl¥ of n•t as••ts tween fund¥- curr•nt yur Unr•8trlct•d funds 2023 Total funds 2023 Curr•nt 4•8•11 Creditor8 due wlthln one year 215,354 110,9471 210,354 110.9471 T¢)tal 204,407 21M,407 Analy•l• of not 888•t• b•tw8•n fund•- prior yoar Unrestricted fvnds 2022 Total funds 2022 Cuent a$s8ts Crgditor¥ due wrthin on8 year 192,245 (4,208) 192,245 f4,208J Total 188,037 188,037 Page 17
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY {A Company limitod by guarnntoè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 15. Rel•t8d party transactlon8 The charity ha8 not entered Into any related paty Iran8action during the year, nor are there any oul8tanding balances owing bae¢n ffjl*ed parties and the charity al 31 December 2023. Pagg18